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Finland started building a fence on the Russian border

NordenBladet – Finland has a land border with Russia that is about 1,300 kilometers long. The total length of the planned border fence will be about 200 kilometers. The work started with the removal of trees on both sides of

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Negative review results in 2499 NOK “punishment” from Moderneliv.no

NordenBladet – A 20-year-old customer, referred to as “Emilie” to protect her identity, purchased a blow dryer hairbrush from the online store Moderneliv.no. She returned the brush for being of poor quality and overpriced at 2499 NOK. When Emilie wrote

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Forus International Acquires Autolevi Car-Sharing Platform, Pending Approval from Competition Authority

NordenBladet – Forus International, a company owned by Estonian businessman Urmas Sõurumaa, has acquired the Autolevi car-sharing platform, founded by Tauri Kärson, Simo Sulev, and Robert Sarv in 2013. The purchase price has not been disclosed, and the transaction is

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Estonia: Coop Bank takes consumer protection decision to court over €17 interest payment

NordenBladet – Coop Bank (CPA1T.TL), an Estonian stock-listed company, has challenged a consumer protection decision and taken it to court instead of paying out €17 in interest to a customer. Last year, a Coop Bank customer complained to the Consumer

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Estonia to experience largest pension increase in 15 years in 2023

NordenBlaadet – The Estonian Ministry of Social Affairs has sent a draft law on confirming the value of the national pension index for 2023 for coordination. The new index value will be 1.139, which means that pensions and daily rates

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Tesla Inc and its Chief Executive Elon Musk were sued by shareholders

NordenBladet – Tesla and CEO Elon Musk have been hit with a proposed class action lawsuit by shareholders who claim they were defrauded over four years with false and misleading statements about the safety and effectiveness of the Autopilot and

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Tesla’s German plant in Brandenburg is now producing 4000 cars per week

NordenBladet – Tesla’s German plant in Brandenburg near Berlin has reached a production of 4,000 cars per week, quadrupling from May, according to a company statement. The plant, which hit the production target three weeks ahead of schedule, could have

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Estonia: LHV board members and insiders sell bank shares for large sums

NordenBladet – The promised trading period has arrived for LHV managers and insiders. During the week, three members of LHV Group’s management board have sold the bank’s shares (LHV1T.TL), according to the register of persons related to stock exchange issuers.

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Billionaire investor Charlie Munger professes love for this stock while acknowledging investment mistakes

NordenBladet – Billionaire investor Charlie Munger, who has been vocal about his disdain for cryptocurrencies, also has a stock that he loves – Costco. At the annual shareholder meeting of the Daily Journal, Munger expressed his addiction to Costco, stating

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WHY Energy Stocks are struggling to keep up with the broader market

NordenBladet – Despite a robust performance in 2022, energy stocks have been lagging behind the rest of the market in recent weeks. While growth stocks continue to rise, the S&P 500’s Energy Select Sector (XLE) is up only 1%, compared

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